Market Research Report
Global Peptide Therapeutics Market, Dosage, Price & Clinical Trials Insight 2024
|Published by||PNS Pharma||Product code||506862|
|Published||Content info||1250 Pages
Delivery time: 1-2 business days
|Global Peptide Therapeutics Market, Dosage, Price & Clinical Trials Insight 2024|
|Published: May 30, 2018||Content info: 1250 Pages||
Peptide based therapeutics are currently experiencing a renaissance in the global market with collective sales of more than US$ 20 Billion in 2017. Therapeutics such as Lantus, from Sanofi has recently managed to become a blockbuster peptide therapeutic with record sales of over US$ 8 Billion in 2017. Overall, the global peptide therapeutics market is expected to surpass US$ 50 Billion by 2024 from less than US$ 30 Billion in 2018. The overall market growth will be driven by the increasing research and development expenditure by pharmaceutical organizations along with rapid entry of multiple peptide based drug in the market.
As of 2018, more than 100 approved peptide therapeutics for various clinical indications are commercially available in the global market. Additionally, a robust clinical pipeline currently has more than 100 type of therapeutics in late stage of clinical development with more than 200 types of therapeutics in pre-clinical stage.
Epidemic increase in clinical indications such as obesity, type II diabetes along with complex disease like cancer are key driving factors of the global peptide therapeutics market. Involvement of global pharmaceutical giants in mass production of peptide therapeutics and impressive investment in their research and development in segments like oncology, genetic disorders, rare disease and autoimmune disease is further bound to make it one of the most active and lucrative market in the future.
Owing to the high prevalence of lifestyle disorders like type II diabetes and obesity, the US currently leads the global peptide therapeutics market by a significant margin; followed by the European Union. However, with the alarming increase in patient base, the Asia-Pacific region is anticipated to emerge as one of the fastest growing peptide therapeutics market by 2024.
On the basis of application of peptide therapeutics, the global market has been segmented by indications such as peptide drugs for cancer therapeutics and metabolic disorders, for cardiovascular drug and devices to central nervous system ailments. Apart from these diseases peptide therapeutics have been applied for infections, respiratory disorders to hematological disorders. Of these, metabolic disorders, immunological and cancer are presently the class of disease that ranks in the massive share in the revenue of the global peptide therapeutics market. Over 300 companies are involved in developing more than 200 peptide based drugs in more than 300 oncology projects.
PNS Pharma report on the "Global Peptide Therapeutics Market" provides an in-depth analysis of the burgeoning peptide market. The report provides an accurate insight into the growth of the market over the last few years with special emphasis on growth trends, price analysis of products, therapy cost per patient, and sales analysis of peptide therapeutics, followed by vital factors that might impact the market during the forecast period. The report finally concludes with future projections regarding peptide therapeutics across various segments which clearly indicate it to be one of the leading markets of the future.